Alarming growth of difficult-to-detect ‘Lemon Duck’ crypto mining botnet
A crypto mining botnet called Lemon Duck is spreading through Windows 10 computers, infecting users through fake Covid-19 emails. Since the end of August, cybersecurity researchers have identified increased activity on a crypto mining botnet called “Lemon Duck”.The botnet has been around since December 2018, however a big jump in activity over the past six weeks suggests that the malware has infiltrated many more machines in order to harness their resources to mine the cryptocurrency Monero.Research carried out by Cisco's Talos Intelligence Group, suggests that Lemon Duck infections are....
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Facebook has successfully dismantled a major bitcoin botnet operated by a small team of cyber criminals based in Greece. The Lecpetex botnet managed to infect 250,000 computers. At its peak it compromised as many as 50,000 Facebook accounts. Lecpetex propagated through the social media platform using spam messages with malicious code inserted into zipped attachments. Each zip archive contained an embedded Java file that would download and install a litecoin miner. It would also steal cookies and gain access to the victim's friend list, using it to send out even more spam. However, mining....
Identity-theft protection company Lifelock has filed another lawsuit against Wences Casares, founder of bitcoin wallet company Xapo. The suit was filed on Monday in Delaware Chancery Court against Casares and his former CFO at digital wallet startup Lemon, Cynthia McAdam, who currently serves as president and general counsel for Xapo. LifeLock has alleged that the two withheld intellectual property related to Xapo and bitcoin integration software for Lemon that should have been included a 2013 acquisition of the startup by LifeLock, according to Courthouse News. The suit also alleges that....
Identity theft protection company LifeLock has acquired Lemon Inc, creator of an innovative digital wallet, for $42.6m. Lemon Wallet launched in 2012 with the aim of "delivering the most consumer focused, secure and innovative digital wallet experience on the market". The app was initially designed as a backup of a physical wallet, but it went on to develop more and more useful features, with users being able access real time account balances and fraud alerts. LifeLock launched its own new app today - LifeLock Wallet - which utilizes all of Lemon's technology to aid users in the management....
LifeLock says that Xapo CEO Wences Casares developed Xapo using LifeLock's resources. The background is that Caseres previously ran Lemon, a digital wallet start-up that was later sold to LifeLock at the end of 2013. Casares and most of the Lemon team became LifeLock employees. LifeLock claims that Casares started Xapo by "using a product developed by Lemon employees, in Lemon's facilities, on Lemon's computers, and on Lemon's dime." Casares initially pushed to have the case thrown out, but a judge in Silicon Valley disagrees, and the lawsuit against current Xapo CEO will move forward. The....
Bitcoin bank and payment processor Xapo faces uncertain waters as much of the company's executive team is being sued for contract violations. The misgivings center on the last months that Xapo co-founder and CEO Wences Casares, along with other Xapo employees, worked for the mobile wallet Lemon. In December 2013, the $1.5 billion online security company LifeLock acquired the mobile wallet for $42.5 million (and rebranded it LifeLock Wallet). As reported by Fortune, the lawsuit is over whether Xapo was originally developed during his and other Xapo employees' time working for Lemon. Or as....